Cement News tagged under: Yamama Cement Company
Yamama posts preliminary 4Q13, full-year results, Saudi Arabia08 January 2014, Published under Cement NewsYamama Cement posted its preliminary 4Q and FY13 results, with net profit up 2.3 per cent to SAR870m. The results were one per cent below estimates by NBK Capital but in line with a Bloomberg consensus of SAR867m, NBK Capital said in a descent report. "This implies a net profit for 4Q2013 of SAR178m, slightly below our forecast of SAR186m." According to NBK Capital, Yamama published a 4Q13 gross profit (post depreciation) of SAR165m, down 22.5 per cent YoY. Assuming quarterly depreciat... |
Higher demand lifts Yamama 1H net profit, Saudi Arabia27 August 2013, Published under Cement NewsSaudi-based producer Yamama Cement Company reported a 11.7 per cent YoY rise in first half net profit thanks to a rise in sales due to higher local demand. For the first six month of the year, profit climbed to SAR544m (US$145m), up from SAR487m in the same period of last year. Gross profit rose to SAR562m from SAR526m a year earlier. |
Yamama Cement 3Q net profit remains flat YoY10 April 2013, Published under Cement NewsSaudi cement producer Yamama Cement Company said yesterday that according to preliminary results, its net profit stood at SAR277m (US$73.9m) for the first quarter of 2013, almost unchanged from SAR278m a year ago due to lower prices. The earnings per share remained stable at SAR1.37. Gross profit declined to SAR293m from SAR300m. |
Yamama Cement 2012 sees 2012 net profit rising 10.5%, Saudi Arabia08 January 2013, Published under Cement NewsSaudi Arabia cement producer Yamama Cement Co’s estimated net profit for 2012 rose to SAR818m (US$218.1m), a rise of 10.5 per cent from SAR740m a year ago. Estimated gross profit rose to SAR914m from SAR809m. |
Yamama Cement 1H net profit rises 22%, Saudi Arabia14 September 2012, Published under Cement NewsSaudi cement producer Yamama Cement Company reported a 22 per cent YoY rise in its net profit to SAR487m (US$129.8m) for the first half of 2012, up from SAR400m a year ago. The increase was attributed to a rise in sales as a result of higher local demand, Yamama Cement said without giving exact figures. Gross profit SAR526m from SAR429m. |
Yamama Cement net profit rises 46%, Saudi Arabia25 May 2012, Published under Cement NewsYamama Cement Company recorded a 46% YoY surge in its net profit to SAR278m (US$74.1m) for the first quarter of 2012, up from SAR180m a year ago. The strong increase was attributed to a rise in sales, Yamama Cement. Gross profit rose to SAR300m from SAR196m. |